RSA Conference Exhibitor List 2024 - Exhibitors Data
A guide to deciphering the lingo of real(finished)
1. A Guide to Deciphering the Lingo of
Real Estate
2. Whether you are buying or selling, the language
of real estate is often complex and confusing.
Following is a plain-language explanation of
commonly encountered real-estate-related
lingo.
3. Title
Title to a property essentially denotes
ownership interest and
is designated by the name
(s) on specific legal
documents such
as mortgages and deeds.
The title can be held by an individual, couple or
even a corporation
4. Deed
A deed is used to transfer ownership of property
from one person or entity to another person or
entity.
5. Deed of Trust
A deed of trust is a document that transfers title
in a property, with the stipulation that the
transfer is contingent upon repayment of an
existing loan.
7. Clear Title
Clear title indicates that
the property is free
of liens or legal questions
surrounding ownership.
8. Chain of Title
The record of historical ownership of a property
The title company or real estate attorney typically
reviews the record in order to determine clear title.
9. Clouded Title
Any property that has an
existing question regarding
ownership, chain of title
or even liens may have a
“clouded” rather than “clear” title,
which may adversely impact the
ability to obtain financing
or properly record the title.
Most clouded title issues require a release, court
action or other legal intervention to remediate.
